Directors & Officers Liability

Product
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Private Companies

ENCON’s PrivatePlus Directors and Officers (D&O) management liability insurance provides traditional D&O liability insurance with added coverages for employment practices, fiduciary, non-profit outside directorship and other benefits.

Eligibility

The following list provides a sample of the classes of privately owned businesses that ENCON insures. Privately owned businesses are typically structured as a family-, employee- or management (group)-owned company.

  • Manufacturing
  • Energy
  • Mining
  • Transportation
  • Technology
  • Retail
  • Professional services
  • Real estate
  • Crown corporations
  • Utilities

Coverage Details

  • Policy Form – Claims-made and reported 
  • Policy Period – Annual and two-year policies, multi-year run-off policies
  • Capacity – Limits up to $15,000,000
  • Territory – Claims made anywhere in the world

Policy Features

  • Multiple insuring agreements: D&O, Non-profit Outside Directorship, Employment Practices and Fiduciary
  • Entity coverage
  • Non-rescindable policy
  • Affirmative language in the definition of damages for bankruptcy-related statutory obligations
  • Broad pollution coverage
  • First dollar defence (zero deductibles available for smaller risks)
  • Guaranteed pricing for six-year run-off
  • Affirmative coverage for Initial Public Offering road show
  • No Insured Person versus Insured Person exclusion

Additional Program Structures

  • Affinity group programs

Submission Requirements